Parking Structure Cost Outlook for 2024
We are thrilled to announce the release of WGI's 2024 Parking Structure Cost Outlook! With over fifty years of experience in parking consulting, WGI remains an industry leader and provides the most comprehensive and reliable insights into the design, construction, and maintenance of parking facilities.
Since its first publication in 2006, our cost outlook has become an invaluable resource for thousands of owners, contractors, and design professionals. This annual report leverages our extensive database of hundreds of completed parking structure projects across diverse locations and scopes to deliver precise, up-to-date cost estimates essential for your planning and budgeting needs.
Insights That Matter
Construction Cost Analysis:
Explore this year’s national median parking structure construction cost of $29,900 per space, reflecting a 3.1% increase over 2023.
Geographic Cost Variations:
Analyze detailed cost data from various U.S. cities, with insights into regional trends influenced by domestic migration and economic factors.
Material and Labor Trends:
Understand the impact of inflation, material costs, and labor shortages on the parking structure industry as well as your next project.
Download Your Copy
The construction landscape is constantly evolving, and your ability to adapt is crucial… So, don’t let the complexities of parking construction catch you off guard!
Download Our Whitepaper:
Parking Structure Cost Outlook for 2024
And access the insights that matter - Our cost outlook covers significant industry trends and forecasts from reputable sources to help you anticipate market movements and adjust your strategies to ensure project success!